Article2016

Which factors are perceived as obstacles for the growth of Italian academic spin-offs?

Francesco Galati · Barbara Bigliardi · Alberto Petroni · Giuliano Marolla

52 citations0/0 files storedTechnology Analysis and Strategic Management

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Entrepreneurship Studies and Influences Firm Innovation and Growth University-Industry-Government Innovation Models

Abstract

During the last decades, academic spin-offs have received increasing attention from both researchers and practitioners, mainly due to their ability to advance industrial application of scientific knowledge. In the past, scholars believed that these organisations were subjected to fast growth after their establishment. Only in the last decade, scholars realise that the fast-growing perspective hypothesised was an oversimplification, as the majority of high-tech academic spin-offs growth slowly or remain small in size for long time. The aim of our study is to investigate the reasons that inhibit the growth of established academic spin-offs, focusing on the Italian context. Through the implementation of the Delphi technique and of the fuzzy logic we derive new and relevant results, for scholars, spin-offs’ managers and policy-makers.

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References

1975the delphi method: techniques and applications 1976The Delphi Method: Techniques and Applications 2001Syndication Networks and the Spatial Distribution of Venture Capital Investments 2003Arriving at the high-growth firm 2001The evolution of firm networks: from emergence to early growth of the firm 2002Organizational Endowments and the Performance of University Start-ups 2003Why do some universities generate more start-ups than others?2005The impact of network capabilities and entrepreneurial orientation on university spin-off performance

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